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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Check who wrote (4217)8/24/1999 7:21:00 AM
From: Check  Read Replies (3) of 15703
 
Well, well.

Well done!

CIO
----------------------------------------------------------- Canadian Company Press Release

ELK 1999-08-24 (provided courtesy of Canadian Corporate News.)
register to receive future releases by email from CCN

Update On Status Of Bellevue #1-17R Replacement Well At East Lost Hills

CALGARY, ALBERTA--The participants in the Bellevue #1-17R
replacement well at East Lost Hills report that the well has
reached total depth of 17,428 feet after drilling approximately
180 feet into the Temblor formation. The well has been
successfully logged and will be cased as a potential gas well.
Completion operations will commence as soon as possible.

The second well, Berkley East Lost Hills #1, on the East Lost
Hills play will be spudded this week.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Elk Point Resources Inc.
Mr. Aidan Walsh
President & Chief Executive Officer
(403) 264-1358
(403) 261-8702 (FAX)


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